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KB Financial Group (MEX:KB N) Cyclically Adjusted Book per Share : MXN2,177.88 (As of Mar. 2025)


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What is KB Financial Group Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

KB Financial Group's adjusted book value per share for the three months ended in Mar. 2025 was MXN2,220.522. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is MXN2,177.88 for the trailing ten years ended in Mar. 2025.

During the past 12 months, KB Financial Group's average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of KB Financial Group was 10.30% per year. The lowest was 5.10% per year. And the median was 6.80% per year.

As of today (2025-07-19), KB Financial Group's current stock price is MXN1422.50. KB Financial Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN2,177.88. KB Financial Group's Cyclically Adjusted PB Ratio of today is 0.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KB Financial Group was 0.97. The lowest was 0.40. And the median was 0.61.


KB Financial Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for KB Financial Group's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

KB Financial Group Cyclically Adjusted Book per Share Chart

KB Financial Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,588.47 1,465.11 1,767.57 1,439.34 2,021.10

KB Financial Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,150.14 1,032.94 1,024.71 2,021.10 2,177.88

Competitive Comparison of KB Financial Group's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, KB Financial Group's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


KB Financial Group's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, KB Financial Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where KB Financial Group's Cyclically Adjusted PB Ratio falls into.


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KB Financial Group Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, KB Financial Group's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2220.522/122.5900*122.5900
=2,220.522

Current CPI (Mar. 2025) = 122.5900.

KB Financial Group Quarterly Data

Book Value per Share CPI Adj_Book
201506 1,021.360 100.051 1,251.451
201509 1,047.824 100.111 1,283.106
201512 1,091.042 100.220 1,334.567
201603 1,101.130 100.561 1,342.346
201606 1,234.821 100.791 1,501.892
201609 1,389.927 101.461 1,679.373
201612 1,356.299 101.561 1,637.126
201703 1,311.719 102.851 1,563.468
201706 1,312.860 102.611 1,568.477
201709 1,348.608 103.491 1,597.498
201712 1,547.034 102.991 1,841.435
201803 1,440.917 104.101 1,696.836
201806 1,567.315 104.130 1,845.161
201809 1,499.933 105.651 1,740.425
201812 1,579.018 104.351 1,855.012
201903 1,563.327 104.491 1,834.114
201906 1,562.102 104.881 1,825.862
201909 1,618.970 105.200 1,886.587
201912 1,587.812 105.121 1,851.669
202003 1,888.299 105.354 2,197.222
202006 1,941.953 105.112 2,264.865
202009 1,985.410 106.198 2,291.873
202012 1,985.788 105.765 2,301.677
202103 2,003.791 107.357 2,288.107
202106 2,039.965 107.579 2,324.619
202109 2,113.873 108.759 2,382.692
202112 2,158.329 109.676 2,412.457
202203 1,978.148 111.848 2,168.131
202206 1,903.511 114.072 2,045.645
202209 1,765.961 114.715 1,887.186
202212 2,031.664 115.179 2,162.384
202303 1,959.626 116.507 2,061.934
202306 1,914.691 117.182 2,003.053
202309 1,942.322 118.964 2,001.530
202312 1,948.294 118.837 2,009.822
202403 1,860.335 120.123 1,898.538
202406 2,001.893 120.007 2,044.976
202409 2,273.132 120.861 2,305.647
202412 2,244.145 121.135 2,271.097
202503 2,220.522 122.590 2,220.522

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


KB Financial Group  (MEX:KB N) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

KB Financial Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1422.50/2177.88
=0.65

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KB Financial Group was 0.97. The lowest was 0.40. And the median was 0.61.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


KB Financial Group Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of KB Financial Group's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


KB Financial Group Business Description

Industry
Address
26, Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu, Seoul, KOR, 07331
KB Financial Group Inc. is a financial holding company in Korea. The company operations include Kookmin Bank, one of the commercial banks in Korea. The company's subsidiaries collectively engage in a broad range of businesses, including commercial banking, credit cards, asset management, non-life and life insurance, capital markets activities, and international banking and finance. The company's segments include the Banking business, Securities business, Non-life Insurance business, Credit card business, and Life Insurance business. The Group generates the majority of its revenue from the Banking business.

KB Financial Group Headlines

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